Company / Depreciation & Amortization
MERCANTILE BANK CORP Depreciation & Amortization History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Depreciation & Amortization
$5.2M
FY2025
5-year range
$5.2M / $6.0M
FY2021-FY2025
Trend
-13.3%
vs FY2024
Sector context
#249 of 297
Financials
What the data says
MERCANTILE BANK CORP's depreciation & amortization of $5M is lower than 84% of companies in the Financials sector (FY2025). Improved from $6M to $5M over the past 2 years.
Based on SEC 10-K filings.
$5M in FY2025 with a 5-year CAGR of +0.0%.
Improved from $6M to $5M over the past 2 years.
Financials sector context is included.
Depreciation & Amortization over time
Growth rates
- 3-Year CAGR
- -4.7%
- 5-Year CAGR
- +0.0%
- 10-Year CAGR
- -
Sector benchmark
Top 16% in FinancialsTop 16% of 297This company $5.2M Sector average $153.8M
▼
-96.6% below sector average
Key checks
Key Insights
- 5-year CAGR of +0.0%, indicating consistent growth.
- In FY2025, depreciation & amortization decreased 13.3% year-over-year.
- Ranks #249 out of 297 companies in the Financials sector.
- Peak depreciation & amortization was recorded in FY2024.
Company context
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Depreciation & AmortizationValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $5.2M | -13.3% |
| FY2024 | $6.0M | +0.0% |
| FY2023 | $6.0M | +0.0% |
| FY2022 | $6.0M | +3.4% |
| FY2021 | $5.8M | +11.5% |
| FY2020 | $5.2M | +33.3% |
| FY2019 | $3.9M | +8.3% |
| FY2018 | $3.6M | +20.0% |
| FY2017 | $3.0M | +3.4% |
| FY2016 | $2.9M | -3.3% |
As of FY2025 · SEC 10-K Annual Filings · Updated Feb 28, 2026